The JSE fell on Thursday, reflecting a broadly weaker sentiment on world equity markets.With no obvious catalyst in play, and the US markets closed for Thanksgiving, traders appeared willing to lighten their exposure to risk assets.The all share was off 0.70% to 60,327.50 points at lunchtime, as the industrial 25 index lost ground for the second session in a row, suggesting a degree of consolidation after setting a record high earlier in the week.Naspers was the biggest loser among the blue-chip stocks, though the weakness came off a very high base, after the share of Africa’s biggest company reached a record high earlier in the week.The broader industrial space, which includes retailers and food producers, was subdued and patchy ahead of the Reserve Bank’s monetary policy committee’s decision on interest rates later in the day.Markets expect the Bank governor Lesetja Kganyago to keep the repurchase rate on hold at 6.75%, but will closely monitor his language for guidance on future ...
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